Technical data analysis is the process of evaluating data using analytical and statistical tools to discover useful information and aid in business decision making. There are a several technical data analysis methods including Down time analysis, Production data analysis, Work order data analysis
Downtime analysis (DTA) is an essential part of plant operations management as it provides a powerful tool which enables a better understanding of the underlying issues that affect plant availability and rate loss. DTA systems provide easy to understand and comprehensive Key Performance Indicators (KPIs)
Work orders are an authorization of maintenance, repair, or service work to be performed. They provide an explanation of the problem, repair, or service that is required, detailing the resources, tools, and steps needed to finish each task.
Production analysis is the use of operations and events data and technologies in the manufacturing industry to ensure quality, increase performance and yield, reduce costs, and optimize supply chains. To improve quality in each production process, manufacturers must analyze various types of data.